Australia business confidence and conditions data due today – what to expect

National Australia Bank Business survey – quick preview 

Australia NAB business confidence and business conditions for May

ANZ with what to expect:

  • business conditions improved a little in May as restrictions started to lift
  • some businesses reopened
  • spending began to recover
  • But business conditions will still be extremely weak -the April result was the worst since the early 1990s recession 

WPAC:

  •  market will be looking for signs of recovery … after conditions collapsed over March and April

NAB, as usual, do not offerm any clues into their survey. 

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